Thursday, 25/06/2009 14:18

Duty free goods must be labeled

The Ministry of Finance has issued Circular 120, which provides guidance for customs management of duty-free shops, which now have to label all goods “Vietnam duty not paid”.

Imported goods that have not been taxed, which are sold in duty free shops, are now managed following temporary import regulations and will be stored for a time-limit of no less than 365 days since the date of completing customs procedures.

Imported goods that have paid tax and goods produced in Vietnam sold in duty-free shops are called export goods and under temporary export regulations and must be stored for a time of no less than 365 days from the date of completing customs procedures.

Goods sold in duty-free shops are controlled following import and export regulations, therefore, the businesses themselves are responsible for the quality of goods and food hygiene.

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